China's BEV exports expanding; NEVs gaining prominence in Europe and Thailand Electrified Vehicle (xEV) Sales Monthly Report (July 2026) Electrified vehicle (xEVs) proportion 40%, HEVs up 19%, BEVs gain 10% BYD gains momentum with new models as Toyota pushes multi-pathway strategy China's NEV exports grow; signs of an increase in BEVs in Japan China: xEVs account for 75% of sales; domestic demand sluggish; exports exceed 1 million units for two c...

Market & Tech Reports  Updated at: 2026/08/28

ng rising costs caused by currency depreciation. Sales increased 32.9% YoY in June. January–June sales reached 436,564 units, up 15.9% YoY.   In June 2026, Toyota maintained the leading position with a 29.4% market share. Daihatsu followed with an 18.2% share, while Suzuki recorded a 7.8% share. BYD ranked fourth with a 6.8% share, followed by Mitsubishi at 5.3% and Honda at 3.1%.   Among Chinese brands, BYD's sales increased 153.2% YoY in Ju...

Market & Tech Reports  Updated at: 2026/08/24

cles (PHEVs), highly efficient internal combustion engines (ICE), and carbon-neutral fuel (CN fuel) vehicles, is once again attracting attention.   With this background, this report examines technology trends among 13 major OEMs: Toyota, Honda, Nissan, Ford, GM, Tesla, Volkswagen, Stellantis, BMW, BYD, Geely, SAIC (SAIC Motor Corporation), and Hyundai, based on powertrain-related patent applications filed since 2020. The scope of the survey cove...

Market & Tech Reports  Updated at: 2026/08/21

completely during their first workshop visit whenever possible.   A key element of this strategy is the second generation of the MAHLE TechPRO® 2 diagnostic system. In addition to supporting European vehicle manufacturers, the platform also covers numerous Asian brands, including Toyota, Hyundai, BYD, and MG. One of its new features is an AI-based search function, which can interpret imprecise user inputs and quickly identify relevant diagnosti...

Market & Tech Reports  Updated at: 2026/08/14

technology II-4. 4680 (460mm diameter, 80mm height standard) large cylindrical battery III. Product mix and delivery status of major lithium-ion battery suppliers III-1. CATL (Contemporary Amperex Technology Co., Ltd.): Maintains global No. 1 position III-2. FinDreams Battery Co., Ltd. (FinDreams) (BYD) III-3. Gotion High-tech Co., Ltd. (Gotion High-tech): Promoting tie-ups with Chinese OEMs III-4. China Lithium Battery Technology Co., Ltd. (CALB...

Market & Tech Reports  Updated at: 2026/08/14

.3 percentage points y/y) of the total BEV volume. There were 20 manufacturers with a new energy passenger car wholesale volume exceeding 10,000 units in July, up 1 y/y and accounting for 93.6% (93.5% last month and 91.7% for the same period last year) of the total volume. These manufacturers were: BYD (410,612 units), Geely (156,568 units), Chery (122,097 units), Leapmotor (101,267 units), Tesla China (93,579 units), SAIC-GM-Wuling (61,526 units...

Market & Tech Reports  Updated at: 2026/08/13

igence, green and low-carbon initiatives, and consumer spending. Ongoing efforts are underway, centered on developing a standard framework for intelligent cars, promoting the proliferation of NEV commercial vehicles, and focusing on stimulating the consumption of NEVs and in the aftermarket. BYD's 4nm intelligent driver assistance semiconductor(Source: BYD)   Following the "2025 New Energy Vehicle Campaign for One Thousand Counties an...

Market & Tech Reports  Updated at: 2026/08/12

TECHNO-FRONTIER 2026: e-Axles, Motor Parts and Materials Nidec e-Axle, Teardown parts on display (Tesla Cybertruck, BYD Seal) and more Summary e-Axle, motors for micromobility: Nidec, Dynax, Sumitomo Electric, Mabuchi Motor e-Axle related parts/materials/processess: Taisei Monac, Nomex, TE Connectivity, Vicor, Shindengen Measuring instruments, charging-related products: Denso EMCES, Hioki E.E., B&PLUS EV teardown parts exhibit: Evolution of EV te...

Market & Tech Reports  Updated at: 2026/08/05

roup avoided building excess inventory amid broader NEV subsidy adjustments and tighter trade-in policies. This approach also supported the Group’s ability to maintain pricing strategies in Q1, with no price wars reported －a key factor in sustaining profitability despite the downturn in volumes.BYD AutoBYD Auto’s Asia-Pacific volumes declined by 32.4% YoY to 720k units in Q1. While demand normalized following the deferral effect caused by p...

Market & Tech Reports  Updated at: 2026/07/31

year, up 12.6% m/m. The company’s sales in China declined compared to the same month last year, but increased sales in Europe, Thailand and Brazil made up for it. The compact BEV Geely Xingyuan (name outside China: EX2) had strong sales both inside and outside China, driving the company's sales. BYD’s sales also fell 11.1% y/y, but is on a recovery trend, increasing 4.6% m/m. The company’s sales in China are sluggish, but increasing in Bra...

Market & Tech Reports  Updated at: 2026/07/29

UX. His central argument was that China's rapid automotive innovation is driven not only by advanced technology, but also by development methodologies that place user context, human needs, and cultural differences at the heart of product definition.   He pointed to examples from companies such as BYD, NIO, XPENG, Li Auto, and Xiaomi, which introduce intelligent vehicle technologies, AI-driven features, and innovative cockpit experiences at rema...

Market & Tech Reports  Updated at: 2026/07/24

YoY to 159k units in June with the PV segment up 14.1% while CV inversely dropped 14.5%. The PV growth brought the LV selling rate to an improved 1.87 mn units/year, the second highest rate this year, up 29.7% MoM. Strength was concentrated in PHEV and BEV domestic and import models, with Tesla and BYD supporting sales increasingly, despite Kia remaining the biggest seller. India’s LV sales continued to develop with 24.3% YoY growth in June, br...

Market & Tech Reports  Updated at: 2026/07/22

ners Specific strategies and collaboration styles European luxury cars and traditional OEMs Mercedes-Benz, Jaguar Land Rover Going beyond being merely a parts supplier, NVIDIA is exploring new revenue models through software updates in collaboration with OEMs. Emerging EV Manufacturers in China BYD, NIO, XPeng, Li Auto For emerging players for whom the pace of evolution is a matter of life and death, they provide immediate access to "overwhel...

Market & Tech Reports  Updated at: 2026/07/22

in sales in 2025 (see table below). The model continues to perform well in 2026. Sales ranking of C-segment electric SUVs in the Chinese market The table can be scrolled left and right. Rank Brand Model 2025 Sales volume (thousand units) 1 Geely Galaxy Galaxy E5 121 2 Deepal S05 98 3 BYD Yuan PLUS 97 4 Toyota bZ3X 82 5 Leapmotor B10 80 (Source: MarkLines Note: Factory shipments excluding exports, data compiled as of June 20...

Market & Tech Reports  Updated at: 2026/07/21

.0 percentage points y/y) of the total BEV volume. There were 20 manufacturers with a new energy passenger car wholesale volume exceeding 10,000 units in June, up 2 y/y and accounting for 93.6% (93.4% last month and 91.3% for the same period last year) of the total volume. These manufacturers were: BYD (397,292 units), Geely (158,849 units), Chery (106,922 units), Leapmotor (93,376 units), Tesla China (89,091 units), Changan Auto (72,194 units), ...

Market & Tech Reports  Updated at: 2026/07/10

g technology, and Mikuni, which specializes in heat and fluid control. Exhibit of Mikuni's thermal management moduleDisplay panel for co-creation with Mikuni MarkLines: e-Axle teardown parts on display   MarkLines Co., Ltd. exhibited the components analyzed in its reports—covering the BYD HAN L, AITO M7/M8, and BYD Yangwang U8—at its Benchmark Center in Atsugi City, Kanagawa Prefecture. These reports are sold by MarkLines after te...

Market & Tech Reports  Updated at: 2026/07/09

tion of solid-state batteries are underway at the Yokohama Plant, with a target launch date of fiscal year 2028. Daihatsu: Battery system for the electric vehicle "e-Atrai"   Daihatsu's (Daihatsu Motor Co., Ltd.) exhibition booth featured the electric vehicle "e-Atrai". The battery system uses BYD lithium-ion iron-phosphate batteries with a capacity of 36.6kWh. It maintains the cargo area's ease-of-use while also ensuring a long driving rang...

Market & Tech Reports  Updated at: 2026/07/02

m country to country; in Germany and France, BEV models from domestic manufacturers such as Volkswagen and Renault dominate the market. In Germany, fleet sales are common, and there is a tendency to prefer higher-priced models compared to other countries. While Tesla's sales have rebounded sharply, BYD's relatively affordable models are also rapidly expanding their market share, in what appears to be a strategy to capture demand for BEVs outside ...

Market & Tech Reports  Updated at: 2026/06/29

croelectronics Co., Ltd.: ICs for inverter control   Novosense (Suzhou Novosense Microelectronics Co., Ltd.) is a Chinese semiconductor chip manufacturer established in 2013, and its components are widely used in the control boards of Chinese-made electrified vehicles such as those manufactured by BYD.   The company specializes in analog peripheral ICs such as isolated drivers and current sensors, and in recent years have also been working on M...

Market & Tech Reports  Updated at: 2026/06/23

4.3 percentage points y/y) of the total BEV volume. There were 20 manufacturers with a new energy passenger car wholesale volume exceeding 10,000 units in May, up 2 y/y and accounting for 93.4% (92.9% last month and 91.3% for the same period last year) of the total volume. These manufacturers were: BYD (376,990 units), Geely (131,037 units), Chery (94,806 units), Tesla China (85,982 units), Leapmotor (81,569 units), SAIC-GM-Wuling (64,748 units),...

Market & Tech Reports  Updated at: 2026/06/10